Ken Griffin Sells Chicago Penthouse at Significant Loss

The billionaire hedge fund manager sold two unfinished units for $19 million, marking a major financial setback.

Ken Griffin sold the top two floors of the No. 9 Walton condo tower in Chicago for $19 million, a 44% loss from his 2017 purchase price of over $34 million.
The sale represents the highest price paid for a Chicago-area residence this year, despite Griffin's financial loss.
The buyer, a Delaware limited liability company, remains unidentified due to privacy laws.
Griffin's decision to sell comes after moving Citadel's headquarters to Miami, distancing himself from Chicago's real estate market.
The luxury units, spanning 15,000 square feet, remain unfinished and feature amenities like a private rooftop pool and elevator.